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<p>[QUOTE=&quot;19Lyds, post: 2155232, member: 15929&quot;]Well, some words of experience.</p><p><br /></p><p>If you buy Silver when its at $17.00 an ounce, you can expect to $2 plus what ever shipping handling and taxes are involved.</p><p><br /></p><p>When you go to sell silver when its at $17.00 on ounce, you can expect to receive $17 - $1 or $2 dollars. You may have to pay for the shipping to your buyer.</p><p><br /></p><p>Now, if you buy numismatic Silver when silver is at $17.00 an ounce, expect to pay $17 plus $2 - $3 over spot plus any shipping, handling and txes.</p><p><br /></p><p>US Mint numismatic items are a bit more expensive BUT they often have a retail market behind them. Meaning, I you buy for $39.95 plus $4.95 Shipping, you could recover your price plus some if silver goes up. I recall when silver was around $40 an ounce, the Heritage was offering $100 for each &quot;Proof&quot; Silver Eagle you could send them.</p><p><br /></p><p>The downside to the above scenario is that what they paid $100, you could almost guarantee that they had buyers at $125. Those folks that bought at $125 will have to wait for silver to hit $40 an ounce before ever recouping their costs.</p><p><br /></p><p>This could take 30 years and simply recouping your costs after 30 years is not really a wise way to go.</p><p><br /></p><p>As for Jim Cramer? Be careful since its not really difficult to make $100,000 when your dealing with millions. When your dealing with $500? Good Intentions and self discipline aside, you could end up losing more than you could ever imagine.</p><p><br /></p><p>Virtually EVERY business and/or person out there that deals in bullion, buys below spot and sells above spot. That is unavoidable.</p><p><br /></p><p>I just had a sweet idea.</p><p><br /></p><p>Take your $500 and buy a box of Kennedy Half Dollars. There IS silver in Kennedy&#039;s and some folks that are diligent at searching, pull quite a bit of silver out (90% and 40%) at Face Value.</p><p><br /></p><p>Of course, if the $500 you have is simply a $500 limit on a credit card, then this won&#039;t work.</p><p><br /></p><p>If you&#039;re in the market for silver and want it as cheap as possible, try &quot;finding&quot; it in Kennedy&#039;s or random banks instead of buying it. When you buy it, you&#039;ll always pay a premium which you might not get back.[/QUOTE]</p><p><br /></p>

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